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Closing Bell (June 29, 2020)


Sales Trader, International Business Division


In the afternoon, the index continued to fluctuate at low level. Till market closed, Customer Service and Agriculture led the gain. Comprehensive Finance and Non-Banking Finance led the fall. In total, both markets traded 716.27 billion RMB, down 1.71 % dod.

OpenClose% Change(bn yuan)
CSI 3004127.934109.72-0.71226.52
SectorTop 1Led byTop 2Led by
Upward-leadingCustomer Services601888Agriculture300511
Downward-leadingComprehensive Finance600318Non-Banking Finance601696


*Alibaba and Galanz signed a cooperation agreement, the two parties will carry out comprehensive digital cooperation in product innovation, new product development, IoT technology application and other fields.

*The establishment and base project launch ceremony of China Automobile Chuangzhi Technology Co., Ltd. jointly established by Ordnance Equipment Group, China FAW, Dongfeng Company, Changan Automobile, and Jiangning Economic Development Technology was held in Nanjing.

*According to data analysis provided by the General Administration of Customs of China Automobile Industry Association recently, in May this year, the total import and export of auto commodities was 8.33 billion U.S. dollars, down 10% from the previous month and down 36.9% year-on-year, of which the import value of auto commodities was 3.78 billion U.S. dollars. It fell 3.1% month-on-month and fell 47.2% year-on-year; the export value of auto commodities was US$4.55 billion, down 15% month-on-month and down 24.6% year-on-year.

*The total value of Shenzhen’s foreign trade imports and exports in May was 255.41 billion yuan, an increase of 11.2% year-on-year. Among them, exports were 149.97 billion yuan, an increase of 14.3%, and imports were 105.44 billion yuan, an increase of 6.9%.*It is reported that in 2020, the Anhui province will complete the construction of 20,000 5G base stations, and strive to reach 25,000. It will achieve 5G deep coverage of key development parks, and promote major public places such as subways, stations, government and public institutions in cities across the province. Regional and various public facilities are opened to 5G network facilities and resource occupancy fees are waived.


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